Recent content by Nicklas26

From DTN: USDA projecting U.S. wheat ending stocks at 1.001 bb was like a judge handing down a sentence of life plus one year. If realized, this would be the largest U.S. stocks figure at the end of a marketing year since the 1.261 bb recorded in 1987-1988. And if that fact isn't bearish...

Gotcha - thanks Nazzdack

This may be a dumb question, but do any Ag spread pros out there use the % of full carry as a key decision driver for spread trade entry/exit? For example, the following information: Corn Spread Settlement + Cost of Carry @ 2.5% Interest CH10 - CK10 Spread Settled at 11.00 , full carry at...

Call 312-634-3150. Ask for Bobby at RSM McGladrey. They specialized in tax advisory for BDs and prop trading. Tell him "Nick who is not allowed to play men's league hockey at Johnnys Ice House" sent you.

ZCN0/ZCZ0 chart lookin sexy now

Yeah that was retarded. Anybody know whats up with the 500 lot bids that keep poppin up in some of the wheat contracts lately?

Yeah I think ZWH10 is in the gutter fundamentally, but if it can close over the 50 MA today and the dollar stabilizes a bit then I think it has some potential. :D

Anybody riding the ZCH10/ZWH10 spread this week? It's been good so far but I wonder how much today's move in corn was a result of unwinding of bean/corn spreads... I'd love to hear some input :cool: -N

Beans have been on a roll lately. Even when the outside markets have worked against beans during the past week, bean prices have lead the grain markets higher. High volumes of export sales, an increase in fund buying, seasonal patterns and bullish technicals are all good reasons to stay...

I couldn't agree more...buy those level 3 assets cheap as hell and sell 'em back at twice the cost in a few years

Nitro is correct ;p